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Demographic Stability in Lakecrest Cluster: A Study of Racial Composition and Income Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Lakecrest Cluster in Arvada, Colorado, is classified as a Low Diversity neighborhood with a White Majority. As of 2022, the community has an 89% white population and a median income of $122,776, indicating an affluent suburban area. Lakecrest Cluster has maintained its predominantly white demographic composition over the past decade, with minor fluctuations in racial diversity.
From 2013 to 2022, Lakecrest Cluster has consistently been categorized as Low Diversity, with the white population exceeding 75% of the total. The neighborhood experienced a slight increase in diversity from 2013 to 2016, with the Hispanic population growing from 8% to 13%. From 2016 to 2020, there was a trend towards lower diversity, with the white population peaking at 95% in 2020. Since 2020, there has been a minor shift towards slightly increased diversity, with small increases in Hispanic, Asian, and multi-racial populations.
The neighborhood has experienced significant economic growth over the past decade. Median income increased from $94,158 in 2013 to $122,776 in 2022, representing a 30.4% increase. There was a notable spike in median income to $145,944 in 2021, followed by a decrease in 2022. The overall trend shows a steady increase in affluence, which correlates with the maintained low diversity of the area.
The economic growth does not appear to have significantly altered the racial composition of the neighborhood, suggesting that the area may have high housing costs or other factors that limit demographic changes despite economic shifts.
The median household income in Lakecrest Cluster ($122,776 in 2022) is higher than the national median income, which was around $70,784 in 2021. The lack of significant racial diversification over a decade differs from national trends, where many suburban areas have seen increasing diversity. The neighborhood's population has remained relatively stable (1,986 in 2013 to 1,858 in 2022), suggesting limited new development or significant demographic shifts.
Lakecrest Cluster presents as a stable, affluent, predominantly white suburban neighborhood that has resisted significant demographic changes despite economic growth. This stability may be indicative of established community preferences, zoning policies, or housing market dynamics that have maintained the area's demographic composition even as incomes have risen substantially.
